Econet sues Bulawayo based airtime agent for failing to pay $178 000 debt

Posted by Tayana

Econet Wireless (Private) Limited has sued a Bulawayo based airtime agent, Fair and Square Investments and its representatives Dhumisani Kodzai and Iyanai Kodzai for failing to pay a $178 000 debt for airtime recharge cards supplied in 2009.

In summons filed at the Bulawayo High Court this week Econet also demanded interest paid at a prescribed rate and sought as order to attach the agents’ other piece of land in Gwanda held under deed of transfer number 982/10 dated October 5, 2010 bound by deed of hypothecation number 1288/2010.

More: NewsDay

Econet Wireless Zimbabwe, a subsidiary of Econet Wireless International, is the first and largest mobile network services provider in Zimbabwe. The telecoms giant became popular with its products and services such as Buddie. It has established branches in different corners of the country and enjoys a subscriber base of more than 9 million, undoubtedly the largest in Zimbabwe. Among other services, it has acclaimed dominance in telecommunications services, providing solutions in mobile, fixed telephony services, internet and satellite access and payment solutions, and mobile money services. Read More

Infobox Town Gwanda is a Town located in Matabeleland South Province in Zimbabwe. Read More

Bulawayo is Zimbabwe's second largest city. Its location was selected by the last Matebele king, King lobengula. Bulawayo used to be one of the country's most attractive cities and a major transport hub for Southern Africa until Zimbabwe entered a period of economic depression in the early 00s. The name Bulawayo is loosely translated 'the place of slaughter' or 'the place of killing', which is derived from the Ndebele word 'bulala' meaning 'kill'. Read More

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